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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
REVENUE:        
TOTAL REVENUE $ 4,800.9 $ 4,236.7 $ 13,322.5 $ 12,684.1
COST OF SALES:        
TOTAL COST OF SALES 3,998.3 3,518.6 11,043.8 10,485.3
GROSS PROFIT 802.5 718.0 2,278.6 2,198.8
OPERATING EXPENSES:        
Selling, general, and administrative 527.1 466.5 1,458.9 1,411.6
Depreciation and amortization 21.2 18.9 59.4 55.8
Asset impairments 11.7 0.0 26.0 135.4
INCOME FROM OPERATIONS 242.6 232.7 734.3 596.0
OTHER EXPENSES (INCOME):        
Floor plan interest expense 26.7 22.3 65.6 66.1
Other interest expense, net 51.3 45.7 135.0 134.9
Gain on dealership divestitures, net (35.7) (5.0) (45.8) (8.6)
Total other expenses, net 42.3 63.0 154.8 192.4
INCOME BEFORE INCOME TAXES 200.2 169.7 579.5 403.6
Income tax expense 53.1 43.4 147.5 102.1
NET INCOME $ 147.1 $ 126.3 $ 432.0 $ 301.5
Basic—        
Net income (in dollars per share) $ 7.53 $ 6.40 $ 22.04 $ 15.03
Diluted—        
Net income (in dollars per share) $ 7.52 $ 6.37 $ 21.99 $ 14.99
WEIGHTED AVERAGE SHARES OUTSTANDING:        
Basic (in shares) 19.5 19.7 19.6 20.1
Diluted (in shares) 19.6 19.8 19.6 20.1
New vehicle        
REVENUE:        
TOTAL REVENUE $ 2,528.9 $ 2,163.5 $ 6,970.9 $ 6,392.6
COST OF SALES:        
TOTAL COST OF SALES 2,367.9 2,013.1 6,506.8 5,924.4
Used vehicle        
REVENUE:        
TOTAL REVENUE 1,412.2 1,294.7 3,933.8 3,959.6
COST OF SALES:        
TOTAL COST OF SALES 1,347.0 1,235.3 3,735.0 3,767.3
Parts and service        
REVENUE:        
TOTAL REVENUE 659.4 593.1 1,848.5 1,764.3
COST OF SALES:        
TOTAL COST OF SALES 270.2 256.0 761.9 753.2
Finance and insurance, net        
REVENUE:        
TOTAL REVENUE 200.3 185.4 569.3 567.5
COST OF SALES:        
TOTAL COST OF SALES $ 13.2 $ 14.2 $ 40.1 $ 40.5
Performance share units        
WEIGHTED AVERAGE SHARES OUTSTANDING:        
Incremental common shares (in shares) 0.0 0.0 0.0 0.1
Restricted stock        
WEIGHTED AVERAGE SHARES OUTSTANDING:        
Incremental common shares (in shares) 0.1 0.1 0.0 0.0